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MessagePosté le: Sam 19 Mai 2018 - 02:52    Sujet du message: Vicente Matias Vuoso World Cup Jersey Répondre en citant

TOKYO Phil Kessel Penguins Jersey , Dec. 3 (Xinhua) -- The Nikkei stock index gained 0.32 percent Wednesday to a fresh 7-year high as the yen's continued retreat against the U.S. dollar coupled with falling prices for oil set a bullish tone for the market.

The Nikkei 225 index gained 57.21 points to finish at 17,720.43, while the broader Topix index of all first-section issues rose 0. 13 percent, or 1.90 points, to close at 1,429.75.

Traders said it was mainly the weak yen that spurred buying on Wednesday, supported by some robust retail figures from the U.S. for online orders following "Cyber Monday Patric Hornqvist Penguins Jersey ," after lackluster figures in the wake of the annual post-thanksgiving "Black Friday" holiday shopping day.

Falling prices for crude oil, although some ground was made up today, also added support to the market, brokers here said, as did figures showing construction spending was up by 1.1 percent in the U.S. in September, double that of median analysts' expectations.

Overall, however Evgeni Malkin Penguins Jersey , analysts pointed to the yen's decline for encouraging investors to chase assets higher today.

"The yen is driving stocks. If we keep going at this pace, the yen will pretty easily reach 120 per dollar, and probably even further. Given that the Bank of Japan's current stance is basically destroying its currency, the yen could weaken more," Tetsuo Seshimo, a portfolio manager at Saison Asset Management Co. said.

In currency markets, the U.S. dollar was changing hands at 119. 25 yen Kris Letang Penguins Jersey , compared to 119.43 yen earlier in the day - but well up the 119.22 logged in New York.

Exports gained traction on the yen's retreat as their profit outlooks overseas increase when the yen is weak, and autonomies in particular advanced on reports of industrywide sales climbing 4.6 percent in the U.S. in November, with two out of three of Japan's top automakers also posting gains.

Toyota, the world's largest automaker accelerated 0.9 percent to 7,592 yen, marking the Aichi Prefecture-based maker's highest close since July 2007, while smaller rival Honda added 0.7 percent to close at 3 Conor Sheary Penguins Jersey ,652 yen. Nissan, meanwhile, lost 0.6 percent to 1, 102 yen, after sales slipped 3.1 percent in the U.S. market in November.

Suzuki Motor, meanwhile, jumped 2.3 percent to 3 Tom Kuhnhackl Penguins Jersey ,922 yen and among other exporters, Nikon gained 3.1 percent to 1,784 yen.

Japan's brokerages were also among the day's notable gainers Wednesday, with Daiwa Securities Group climbing 2.3 percent to 983 yen, while among the market's heavy weighted issues, Fast Retailing, operator of the Uniqlo clothing stores Greg McKegg Penguins Jersey , gained 1.2 percent to close at 43,795 yen. The increase follows the retailer announcing that its same-store sales in Japan had grown 1.9 percent on-year in November.

Otsuka, a pharmaceutical company known for its Pocari Sweat isotonic sports drink, slumped 5 percent to 3,671 yen, after announcing it will buy U.S. drug maker Avanir Pharmaceuticals for 3.54 billion U.S. dollars, which is the equivalent of 17 U.S. dollars a share.

Embattled Takata Bryan Rust Penguins Jersey , currently embroiled in a recall scandal involving its faulty airbags that have been blamed for a number of fatalities and deaths, gained 3 percent to close at 1,377 yen, after the firm said it was seeking counsel from former senior U.S. transport officials as it faces accusations from the U.S. Senate.

Trading volume on Wednesday rose to 2.51 billion shares on the Tokyo Exchange's First Section, up from Tuesday's volume of 2.01 billion shares, with declining issues outnumbering advancing ones by 884 to 822.
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